Supply & Demand

A look at the finances, footprints, and futures of department store chains.

‎Show Think Like An Economist, Ep Economic Surplus - Getting the Most out of Life - Oct 12, 2020

‎Show Think Like An Economist, Ep Elasticity - What will you do when prices change? - Sep 28, 2020

‎Show Think Like An Economist, Ep Equilibrium - Balance in a Busy World - Sep 21, 2020

‎Show Think Like An Economist, Ep Supply - Getting the Best Out of What You Sell - Sep 14, 2020

‎Show Think Like An Economist, Ep The Law of Demand - How You Choose to Buy - Sep 8, 2020

Consumers seeking a recently released Microsoft Xbox Series X or Sony PlayStation 5 gaming console are mostly out of luck as the systems are in scarce supply. But for those willing to pony up the cash, they can find one on the StockX e-commerce platform. The Xbox and PS5 were the fourth and…

The coronavirus pandemic has had a negative affect on many industries but one seasonal business, particularly in Michigan, is seeing a major boon.Christmas tree sales so far this holiday season have hit unprecedented levels, according to a survey conducted by the Michigan Christmas Tree Association…

Detroit-based Ally Financial Inc., the largest U.S. auto lender, said carmakers should get busy.There's enough consumer demand for manufacturers to ramp-up output of new models but not enough supply, CEO Jeffrey Brown told investors at a conference on Tuesday."Factories have to get back to work,"…

DETROIT -- Ford Motor Co. delayed production of the Bronco SUV after coronavirus-related logistics issues hampered German supplier Webasto's ability to equip a Michigan facility in time to make the vehicle's removable roof, according to people familiar with the situation.Webasto in April of last…

Cookie demand in the U.S. has surged by 25% during the pandemic, and Pepperidge Farm says it can't keep up

The pandemic put a spotlight on health care workers and inspired many to pursue a career in medicine. The record number of applicants comes as the U.S. faces a projected shortage of physicians.

Over the past two weeks, Ford began delivering its much-anticipated 2021 F-150 pickups to dealerships.

Update: We were excited to see Srijan featured in 2019 in this YouTube video . Thanks for first sharing your story with us, Srijan! Srijan Sharma responded to our recent outreach for student entrepreneurship stories by contacting us to say, “I would love to share my experiences maintaining my online business with the readers of the […]

DEMAND LAW OF DEMAND “More of a good will be bought the lower its price, less will be bought the higher its price, ceteris paribus.” Law of Demand implies that there is an INVERSE relationship between P, Qd – other things staying the same: What would affect your willingness or abil...

This infographic illustrates how the fastest growing and declining retail brands are attempting to stay relevant in the pandemic economy.

A new survey from Piper Jaffray shows that a lot of people would simply eat price increases from Netflix. Compared to past surveys, this shows the service's perceived value is growing.

Independent Institute Research Fellow Art Carden on the economics behind price gouging.

Blake's Orchard & Cider Mill makes most of its money on fall outings, hard cider and apples, but this year, the Armada-based farm is experimenting with a new crop: hemp.Part of the team behind the business is harvesting about 7 acres of the plant, known for its use in CBD oil and strong fabrics…

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National Retail Federation CEO Matthew Shay said the rebound is uneven with big-box retailers like Walmart and Home Depot reporting strong sales and small or mid-sized businesses struggling.

While retail sales bounced back in May after a deep drop in March and April, the wealthiest Americans are not spending as freely as they did before the pandemic. And that could limit the recovery.

Bain predicted a full-year contraction between 20% to 35% for the personal luxury market that includes clothes, jewelry, watches, beauty products, and accessories.

Activity boxes and inflatable pools replace summer camp and trips to the beach.

Jaime Calder all but gave up on gardening after moving from the fertile soils of Illinois to dusty Texas, but the coronavirus changed her mind.

Electronic Arts reported financial results that beat expectations, with revenue growing 21% to $1.46 billion for the first fiscal quarter ended June 30.

This animation provides a nostalgic look back at the market share of various web browsers, from Netscape Navigator to Google Chrome.